ATM Franchises – Every time you turn around, it appears that you are running into an ATM. Not to mention that they can be found in the most unexpected places. We are referring to drive-thru ATMs seen at convenience stores, fast food restaurants, and even college campuses. And, of course, there is an ATM kiosk in almost every bank lobby in the present times. Machines that tend to dispense cash for consumers and employees are required by financial institutions, merchants, and other businesses. 

An ATM is used around 300 times on average every month as per National Cash Systems while 40% of ATM users tend to use an ATM somewhere between 8 to 10 times a month. 78% feel it is important to have easy access to money. One essential thing this implies is that business is booming, which means there are a lot of prospects in the ATM franchise industry. Hence, if you are searching for a business that can be both successful and recession-proof, an ATM business could be ideal.

Benefits of ATM Franchise Opportunities

Business owners should consider investing in an ATM franchise for a variety of reasons, including:

  • Low labor costs 

When you have residual income, you will not have to deal with payroll or hire any staff. As a result, labor expenses for ATM franchises are extremely minimal.

  • Minimal work-hour requirements

To generate long-term residual income, you just need to put in a few hours every week.

  • Flexibility 

Numerous of these franchises provide flexible plan choices, including leases with short terms and cancellation rights.

  • Scalability 

With such a franchise business, you can start part-time and it will not really affect your main source of income. You can then scale up as your resources and availability permit.

  • Outstanding potential for revenue 

With an ATM franchise, you can earn a commission on every transaction, even those from new customers.

  • Reduced costs of credit card

Companies that contain ATMs experience a greater volume of cash transactions when compared to those that do not. It is possible to reduce credit card fees when owners decide to install one within their business.

  • High ROI and low overhead 

You can get a good return on your investment with a relatively small investment.

  • Convenience 

Customers tend to value the convenience of being able to obtain cash quickly, so they are more likely to return to your kiosk location in the future.

ATM Franchises

How Much Does an ATM Franchise Cost?

Depending on the franchisor, the quantity, location, and the type of machines you select, the cost of an ATM machine franchise can change. However, the ongoing fee can range from $50 to $500 each month, and initial investments tend to range from $25,000 to $100,000. According to ACFN, the overall anticipated cost, assuming one to three ATMs are operational, ranges from $39,234 to $63,817.

Before investing, remember that you will also need cash for your kiosk, apart from your initial investment. Moreover, a significant portion of this cash will be needed at busy locations with multiple ATMs. Moreover, pay attention to the franchises’ financial requirements. For instance, Aspire claims that before an ATM franchise is authorized, franchisees must have about $200K in liquid capital.

Avoid these 8 mistakes when starting an ATM franchise

These are the eight mistakes you must not make:

  • Overestimate the cash flow
  • Underestimate capital requirements 
  • Underestimate capital requirements 
  • Ignore EMV
  • Set your margins too low
  •  Fail to establish a bank relationship
  • Failing to sign contracts
  • Terrible geography

Top 5 ATM Franchise Business for 2023 in the USA

These best ATM franchises for sale will motivate you to move forward if you are considering starting your own business: 

  1. ACFN
  • Founded in: 1996
  • Franchising since: 2003
  • Royalty Fees: 1%
  • Franchise Fee: $50,000
  • Initial investment: $39,234 – $63,817

ATM is known to be the sole ATM franchise serving hotels and other travel and entertainment-related businesses in North America.  Since they started giving ATM franchise options in 2003, they have offered ATM services since 1996, and as of right now, 2,750+ ATMs are owned and operated by more than 250 franchises across the US and Canada. 

One of the primary reasons many of their franchisees chose ACFN was the ability to launch their business without interfering with or disrupting their existing employment. Their business concept may be modified to accommodate a person’s unique circumstances, enabling owners to expand at a rate that works for them. Considering ACFN ATM franchise reviews, franchisees join ACFN for a variety of causes and come from different backgrounds. ACFN ATM franchise program is also offered by the franchise business. 

  1. Bitbox ATM
  • Founded in: 2019
  • Franchising since: 2019
  • Royalty Fees: None
  • Franchise Fee: $38,590
  • Initial investment: $38,590 – $157,980

For just $38,590, Bitbox provides investors the chance to launch their own Bitbox ATM business. Two Bitbox ATMs are included in this investment, together with digital locks and the brand’s “Done for You” service package, which is known to include machine installation and ongoing maintenance. 

Monitoring the functioning of your devices is your key duty as the franchise owner, and you may do this on your computer or phone. Bitbox is a bitcoin ATM franchise that handles all the details with in-depth knowledge, rigorous training, and first-rate support. After you acquire the Bitbox franchise program, they take care of everything. Considering Bitbox ATM franchise reviews, as soon as your first Bitbox is deployed, you can start making money.

  1. Mr. Payroll 
  • Founded in: 1988
  • Franchising since: 1990
  • Royalty Fees: 10%
  • Franchise Fee: $10,000
  • Initial investment: $68,800 – $328,000

Mr. Payroll owns and operates a network of check-cashing locations around the country that are located in convenience stores, local service centers, or standalone buildings.

A Mr. Payroll check-cashing franchise offers fast check cashing, money orders, bill payments, money transfers, and other financial services in a single convenient location and at a low cost-in as little as 48 square feet of operating space. All the tools and continuous support their franchisees require to launch and maintain a successful financial services business are given to them by Mr. Payroll.

  1. ATM Money Machine Inc. 
  • Founded in: 1996
  • Franchising since: 1996
  • Royalty Fees: None
  • Franchise Fee: None
  • Initial investment: $2,100

ATM Money Machine provides the best customer service you can find while offering ATM products at wholesale prices. They handle and sell ATMs across all 50 states. They offer technical support for every model and are an authorized reseller of secondhand ATMs. 

Every component of the ATM industry is serviced by an ATM Money Machine. For the duration that an ATM is installed, you always receive 100% of the transaction income. The amount of money you can make in this industry is limitless, and you can start it for very little money.

  1. Bitcash USA
  • Founded in: 2021
  • Franchising since: 2021
  • Royalty Fees: None
  • Franchise Fee: None
  • Initial investment: $13,500 – $250,000

For anyone looking to start a Bitcoin ATM franchise, BitCash USA proves to be a perfect solution. It is a platform that includes hardware, software, and services. Your Bitcoin ATM can be customized with any logo or business.  Since they can enable both buying and selling bitcoin, all BitCash ATMs are by default two-way machines. To appeal to a larger audience, their ATMs can potentially offer additional currencies called altcoins. 

By taking care of everything, you are free to concentrate on providing value to your clients and expanding your business rather than worrying about challenging technological problems. They have the best technical assistance available, provided by engineers who are extremely knowledgeable about every aspect of all of their devices.

ATM Franchises

How much does an ATM franchise make? 

With 6-10 transactions per day, the daily gross profit of an ATM franchise opportunity loosely translates to $15-$25. As a result, one ATM at a retail location might earn somewhere between $450 and 750 per month. ATM franchise profit undoubtedly makes it a perfect investment. 

Are ATM franchises profitable?

Providing services for automated teller machines undoubtedly seems to be an appealing part-time franchise that might eventually lead to a full-time retirement plan by this point. So are they all profitable or buying an ATM franchise is just marketing hype?

The fact is, if you have sufficient foot traffic, offering ATM franchises may be a very profitable business opportunity. This means that picking the ideal location is important. The fees associated with every transaction after that can add up, particularly if you are performing a lot of transactions.

With due respect to ATM franchise cost, adding more services like check cashing or prepaid debit cards will help your ATM franchise business make more money. Simply put, when you start expanding your business with more ATMs, there is practically no limit to the amount of money you may generate. To sum up, you can have a productive and profitable ATM franchise business with an appropriate franchisor and the right circumstances.


These days, ATM franchises are a necessity. There is a vestibule on almost every corner and turn. These ATMs allow users to do self-serviced transactions without the assistance of a physical teller or a trip to a bank branch.  ATMs enable a wide range of activities, including fund transfers, cash deposits, and cash withdrawals. 

It is wise to purchase an ATM franchise upon considering ATM franchise reviews. Yet there are many things to take into account when deciding which is ideal for you. Consider the brand’s reputation, the assistance and training provided, and the success of the other franchisees. Yet, the most important thing you should do is match the brand’s investment requirements with your budget. Visit Us

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Published On: March 11th, 2023 / Categories: Best Franchises, Blog, Business Services Franchises, Services Franchises /


  1. Vicki March 22, 2023 at 8:53 am - Reply

    ATMs are a convenient and secure way for customers to access their banking services without having to visit a branch. The ATM franchise model gives entrepreneurs the opportunity to own and operate their own ATM business in their local area. An ATM franchise is a great way to generate additional income for a business. ATM franchises provide customers with more convenience, as they can access their banking services anytime and anywhere. ATM franchises provide a secure and reliable way for customers to access their funds.

  2. Mcmilliams March 22, 2023 at 8:57 am - Reply

    An ATM franchise can help businesses attract more customers, as they provide a convenient way to access their banking services. ATM franchises can help businesses save time and money by reducing the need to visit a branch An ATM franchise can help businesses increase their sales by providing customers with more options to access their funds. ATM franchises offer a secure and reliable way to transfer funds, making it a great way to increase customer satisfaction. An ATM franchise can help businesses increase their visibility in their local area, as customers can easily locate their ATM.

  3. Brooke March 22, 2023 at 9:03 am - Reply

    An ATM franchise can save businesses money by providing customers with an alternative to visiting a branch. An ATM franchise can help businesses reduce their operating costs by eliminating the need to hire additional staff. An ATM franchise can help businesses increase customer loyalty, as customers can easily access their funds without having to leave the premises. An ATM franchise can help businesses increase their profits by providing customers with a convenient and secure way to access their funds. An ATM franchise can help businesses promote their services and products, as customers can easily access their banking services without having to visit the branch.

  4. Kylehou March 28, 2023 at 12:13 pm - Reply

    ATM franchises are a great opportunity for entrepreneurs to start their own businesses. They provide a convenient and secure way to access cash. ATM franchises require minimal startup costs and offer a low-risk investment. Franchises typically provide support in the form of training, marketing, and other services They offer the opportunity for growth and increased profit potential.

  5. Jovellonos March 28, 2023 at 12:15 pm - Reply

    ATM franchises can be located almost anywhere, from retail stores to gas stations. The franchisee is responsible for providing service and maintenance to the ATMs. ATM franchisees generate revenue through transaction fees charged on each withdrawal. They also offer additional services such as prepaid card loading, money transfers, and check to cash. ATM franchises are an attractive investment for both new and established entrepreneurs.

  6. Dean March 28, 2023 at 12:17 pm - Reply

    Potential operators should research the local market to determine the best location for their ATM. It is important to have a solid business plan in place before investing in an ATM franchise. Working with a reputable and experienced franchisor is critical to ensure success. Staying up to date with industry trends is essential for any ATM franchise to remain competitive. Owning an ATM franchise can be a profitable and rewarding business venture.

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